The Graphene Market is estimated to be valued at USD 233.8 Mn in 2024 and is expected to reach USD 813.8 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 19.5% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 233.8 Mn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
19.50% |
2031 Value Projection: |
US$ 813.8 Mn |
Figure. Graphene Market Share (%), By Region 2024
Graphene is a crystalline allotrope of carbon in the form of a single layer of atoms arranged in a two-dimensional honeycomb lattice. It is the basic structural element of other allotropes such as graphite, charcoal, carbon nanotubes, and fullerenes. Some of the unique properties of graphene like high mechanical strength, stiffness, and superb conductivity combined with flexibility have opened up potentials for applications ranging from electronics, energy storage devices, and sensors to composites. The graphene market is expected to grow significantly in the coming years driven by increasing research in these application areas along with demand from industries like electronics, healthcare, energy, and others.
Market Dynamics:
The global graphene market growth is driven by factors such as increasing investment in research and development of graphene-based products and rising demand from industries like biomedical, electronics and energy storage. Graphene exhibits exceptional physical, chemical, and electronic properties making it suitable for applications in many sectors. However, high production costs and availability issues of raw materials restrict the growth of this market. Development of mass production techniques, reduction in manufacturing costs through scaling up, and focus on commercialization of graphene-based end products are expected to create significant opportunities for the market expansion. Implementation of stringent regulations regarding the use of graphene may challenge the market growth.
Key Features of the Study:
- This report provides in-depth analysis of the global graphene market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global graphene market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Graphenea, CVD Equipment Corporation, AMO GmbH, Applied Graphene Materials, 2D Carbon Graphene Material Co., Ltd., Thomas Swan & Co. Ltd., Graphene Laboratories, Inc., Graphensic AB, Graphene Square Inc, Talga Group, ACS Material, BGT Materials Limited, Ltd., Directa Plus S.p.A., Grafoid Inc, NanoXplore Inc., Haydale Graphene Industries Plc, Zentek Ltd., and Applied Graphene Materials Ltd
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global graphene market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global graphene market.
Detailed Segmentation-
- By Product Type:
- Graphene Nanoflakes
- Graphene Oxide
- CVD (Chemical Vapour Deposition) Films
- Others
- By Application:
- Composites
- Conductive Films & Inks
- Energy
- Transistors
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Graphenea
- CVD Equipment Corporation
- AMO GmbH
- Applied Graphene Materials
- 2D Carbon Graphene Material Co., Ltd.
- Thomas Swan & Co. Ltd.
- Graphene Laboratories, Inc.
- Graphensic AB
- Graphene Square Inc
- Talga Group
- ACS Material
- BGT Materials Limited, Ltd.
- Directa Plus S.p.A.
- Grafoid Inc
- NanoXplore Inc.
- Haydale Graphene Industries Plc
- Zentek Ltd.
- Applied Graphene Materials Ltd